เกจวัดแรงดันไนโตรเจน has entered right into a definitive agreement to acquire Malema Engineering Corp, a US designer and manufacturer of high-precision, mission-critical flow-measurement and control instruments for the biopharmaceutical, semiconductor and industrial sectors.
Malema’s merchandise will broaden Dover’s biopharma single-use manufacturing providing, which already consists of Quattroflow pumps, CPC connectors, and em-tec flowmeters.
Based in Boca Raton, Florida, and with services in San Jose, California, Singapore, South Korea and India, Malema expects to generate roughly US$40 million–45 million in revenue in the course of the full year 2022.
When the deal closes, Malema will become a half of the PSG enterprise unit within Dover’s Pumps & Process Solutions phase.
“We see a tremendous long-term development opportunity within the bioprocessing industry driven by a powerful and growing pipeline of efficient novel biologic medicine, biosimilars, protein therapies, non-COVID mRNA vaccines, as properly as budding cell & gene therapies,” says PSG’s president Karl Buscher. “Additionally, the rising adoption of more efficient single-use manufacturing processes helps a robust outlook for our choices of single-use elements to end-customers. We consider that pairing Malema’s know-how with our current portfolio of single-use pumps for biopharma processing will greatly enhance the accuracy and value proposition of our options to our customers.”
“We are methodically building out our biopharma platform by way of proactive capacity additions, new product improvement, and opportunistic acquisitions of highly-attractive area of interest part technologies,” mentioned Richard Tobin, president and CEO of Dover. “ pressure gauge น้ำมัน represents a strategic and highly-complementary flow-control and sensing technology and further strengthens our sensor portfolio with new proprietary know-how. In addition to attractive biopharma purposes, we expect robust growth within the semiconductor area on the capacity expansion and re-shoring tailwinds.”
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